Mon.Aug 14, 2023

article thumbnail

Seventh Circuit Affirms Dismissal of FDCPA Suit for Lack of Standing, Again

Account Recovery

In a case that was defended by David Schultz at Hinshaw Culbertson, the Court of Appeals for the Seventh Circuit on Friday affirmed the dismissal of a Fair Debt Collection Practices Act lawsuit on the grounds the plaintiff lacked standing to sue — again — even though the plaintiff hired an attorney and paid an […]

article thumbnail

Disaggregating the Myth: AAPI Homeownership and Wealth

Prosperity Now

In a November 2022 blog post on the value of homeownership, the United States Department of Treasury noted that “the benefits have largely been perceived to outweigh the costs” to households and to the U.S. economy. To be clear, Treasury states, “(t)he benefits from homeownership have not been shared equally.

98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ACA, Industry Trade Groups Submit Comment on FCC Call Blocking Rulemaking

Account Recovery

At the start of a week where I’ll be hosting a webinar on what to do when your calls are tagged as spam or scams, it’s timely to write about a comment that was filed by ACA International — along with a number of other industry trade groups — in response to a proposed rulemaking […]

Trade 130
article thumbnail

Remarks of CFPB Director Rohit Chopra at White House Roundtable on Protecting Americans from Harmful Data Broker Practices

Consumer Finance

The United States has a long history of recognizing the sanctity of protecting against unwanted intrusions into our homes and our lives.

70
article thumbnail

From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

article thumbnail

Judge Rules in Favor of Plaintiff in FCRA Case Over Reasonable Investigation

Account Recovery

A District Court judge in Arizona has given partial wins to both sides in a Telephone Consumer Protection Act and Fair Credit Reporting Act case involving the use of an automated telephone dialing system, whether the volume of calls placed invaded the plaintiff’s privacy, and whether the investigation that the defendant conducted after a debt […]

130
130

More Trending

article thumbnail

Compliance Digest – August 14

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

130
130
article thumbnail

Filing for bankruptcy after graduation

Roths Child Law

Student loans are one of the primary ways graduates build up debt. College students are often also targets of credit card companies, which can lead to all kinds of debts. Many students use their credit cards to buy books, supplies, coffee, alcohol, clothes, rent and food. Graduates may have received grants and awards to help pay for their education, but many have student loans hanging over their heads.

article thumbnail

Daily Digest – August 14. Seventh Circuit Affirms Dismissal of FDCPA Suit for Lack of Standing, Again; ACA, Industry Trade Groups Submit Comment on FCC Call Blocking Rulemaking

Account Recovery

Seventh Circuit Affirms Dismissal of FDCPA Suit for Lack of Standing, Again ACA, Industry Trade Groups Submit Comment on FCC Call Blocking Rulemaking Judge Rules in Favor of Plaintiff in FCRA Case Over Reasonable Investigation Compliance Digest – August 14 WORTH NOTHING: How to become a kid’s favorite adult … How changes in the weather […]

Trade 130
article thumbnail

13 Best Practices in Credit Management and Collections

CICM

We recently hit a 13,000 milestone on LinkedIn! To celebrate, here are 13 Best Practices in Credit Management and Collections. Have a Credit Policy Emphasise the importance your business places on managing financial risk by setting out your policies and procedures in a Credit Policy , which is made available to all staff. Having a Credit Policy defines what best practice looks like in your organisation and encourages consistency.

article thumbnail

When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

article thumbnail

Ninth Circuit Affirms Dismissal of TCPA Case Involving Text Messages Holding “Prerecorded Voice Messages” Require Audible Component

Troutman Sanders

On August 8, a unanimous panel of the Ninth Circuit issued a decision affirming a district court’s partial dismissal judgment entered in Trim v. Reward Zone USA LLC , holding that text messages did not use prerecorded voices under the Telephone Consumer Protection Act (TCPA) because they did not include audible components. In Reward Zone , the plaintiff brought a class action against the defendant alleging, in part, that she received at least three mass marketing text messages which utilized “pr

article thumbnail

Rhode Island AG Settles with Dealerships over Allegedly Charging Fees Not Included in Advertised Prices

Troutman Sanders

Rhode Island Attorney General Peter F. Neronha announced a total settlement of $557,815 with three car dealerships to resolve allegations that the dealerships: Charged more for vehicles than advertised on their websites; Automatically charged every customer a fee for a $249 paint and fabric spray; and Described vehicles as available for “auction” or “wholesale” prices in violation of the Rhode Island Deceptive Trade Practices Act.

Trade 52
article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities State Activities Federal Activities: On August 10, the Consumer Financial Protection Bureau (CFPB) published a blog about Director Rohit Chopra’s visit to Gallup and Albuquerque, NM.